Overview of Eipekkusu Oote Toori (エイペックス大手通)
Eipekkusu Oote Toori (エイペックス大手通) is a 25-year-old condominium located at Oosakashi Chuuouku Nai Awajichou 3 Choume 1-1 (大阪市中央区内淡路町3丁目1-1), Osaka, Japan. Built in 2001, it comprises 42 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Teii・shii・waakusu (ティー・シー・ワークス).
Pricing & Floor Plans
Based on 45 past listings, prices have ranged from 850〜1,350万円 (approx. $56,667–$90,000 USD at ¥150/$).
Unit sizes range from 17.2–20.9 sqm (185–225 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 1K (1-bedroom w/ kitchen), 1SK (1-bedroom w/ kitchen + service room).
Location & Neighborhood
The property is located at Oosakashi Chuuouku Nai Awajichou 3 Choume 1-1 (大阪市中央区内淡路町3丁目1-1), Osaka, Japan. It is a 8-minute walk to the nearest station. This is considered good station access by Japanese standards.
Investment Perspective
Building depreciation: In Japan, buildings depreciate significantly over time. Wood-frame houses depreciate to near-zero value at around 22 years, while RC structures depreciate more slowly but still lose value. At 25 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Key cultural note: Unlike the US where properties typically appreciate over time, Japanese buildings depreciate while the underlying land tends to hold or gain value. This means buyers should evaluate the land-to-building value ratio carefully.
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